E-commerce giant Amazon reported its fourth-quarter 2020 financial results, confirming net sales of $126 billion, the first quarter in which the retailer has surpassed $100 billion. In total, the fourth-quarter revenue stands 44 percent above the same period in 2019, …
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Lowe’s Plans to Hire 50,000 Employees for Spring
Lowe’s has announced plans to hire roughly 50,000 frontline associates across its U.S. stores this spring. The company says the 50,000 new hires will fulfill both seasonal and full-time roles at its stores ahead of the busiest home improvement selling …
Read More »U.S. Department of Labor Issues Stronger COVID-19 Workplace Guidance
The U.S. Department of Labor announced the Occupational Safety and Health Administration (OSHA) has issued stronger workplace safety guidance to prevent the spread of COVID-19 in workplaces. The guidance seeks to help employers and workers implement a coronavirus protection program …
Read More »NHPA, Industry Leaders Sign Letter on Vaccine Priority
Together with other leading industry organizations representing the 45,000+ independently owned hardware stores, home centers, lumberyards and paint stores across North America, the North American Hardware and Paint Association (NHPA) signed onto a letter asking that the essential employees supplying …
Read More »Independent We Stand Celebrates 10 Years of Small Business Advocacy
This year, national small business movement Independent We Stand (IWS) celebrates 10 years of supporting and advocating for small businesses. Since its beginning, the organization has focused on educating consumers on the vital economic role independent businesses play in communities …
Read More »Tractor Supply Co. Achieves Record Sales, Earnings in 2020
Tractor Supply Co. has reported record sales and earnings for fiscal year 2020, as well as strong performance in the fourth quarter of 2020. In total, Tractor Supply earned $2.8 billion in net sales for the final quarter of 2020, …
Read More »PPG Reports $13.8B in Fiscal Year 2020 Net Sales
Paint manufacturer PPG has announced its fourth-quarter and fiscal year 2020 financial results, noting net sales of $3.8 billion in the final quarter of the year, up about two percent from the same period in 2019. PPG says selling prices …
Read More »What Past Honorees Say the Young Retailer of the Year Award Means to Them
This annual award program recognizes outstanding retailers age 35 or younger for their career accomplishments, community involvement and ongoing education within the industry. Honorees are selected from three categories: stores with less than $2 million in sales, stores with more …
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